Able View Global Inc. (NASDAQ:ABLV) Short Interest Update

Able View Global Inc. (NASDAQ:ABLV) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 81,239 shares, a decline of 15.0% from the February 26th total of 95,533 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 8,033 shares, the days-to-cover ratio is currently 10.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Able View Global in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Able View Global Price Performance

Able View Global stock opened at $0.64 on Wednesday. The stock has a 50-day moving average price of $0.72 and a two-hundred day moving average price of $0.79. Able View Global has a 12 month low of $0.59 and a 12 month high of $1.77. The company has a current ratio of 1.44, a quick ratio of 1.07 and a debt-to-equity ratio of 0.23.

Able View Global Company Profile

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer services, overseas logistics, and warehouse and fulfilment. The company was incorporated in 2021 and is based in Shanghai, China.